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Highlights of Daily News
TAT revises down domestic tourism revenue target
BANGKOK, 23 April 2014, (NNT) - The Tourism Authority of Thailand (TAT) has revised this year’s revenue projection for the domestic tourism sector down to 640 billion baht from the previous 700 billion baht as a result of the ongoing political turmoil. According to Mr. Anuphab Theerarat, the TAT’s Deputy Director of the Domestic Tourism Market, the number of local tourists embarking on domestic journeys is projected to decline to 130 million from the original target of 136.8 million. However,

Customs Department to enforce tax collection on luxury cars
BANGKOK, 23 April 2014, (NNT) - The Customs Department has instructed its officials to step up the enforcement of policy on the value declarations of imported luxury cars, in order to prevent tax evasion. Mr. Rakop Srisupa-Att, Director General of the Customs Department, the measure is necessary as it is common practice as the baht weakens, for several importers to declare a value of the vehicles, less than their actual prices, drastically reducing the amount of tax importers have to

BoT appraising international banks entering Thailand
BANGKOK, 23 April 2014, (NNT) - The spokesperson for the Bank of Thailand (BoT), Rung Mullikamas, has revealed that two international commercial banks are seeking subsidiary licenses, in order to boost their performance and to better provide service to customers in the nation. She said that a petition was forwarded to the Finance Ministry at the end of last month, reporting that both banks already have branches in Thailand. The licenses would grant them commercial bank status and enable them

BMA to promote Thai community products
BANGKOK, 23 April 2014 (NNT) – The Bangkok Metropolitan Administration (BMA) is set to host a fair at IMPACT Muang Thong Thani to promote locally-made products from Bangkok's 50 districts. Speaking at a press conference, Deputy Governor for BMA Pusadee Tamthai announced that the fair would be held between April 30th and May 4th, during which locally-made products from the 50 districts of Bangkok would be offered to members of the public. According to her, the fair will promote local wisdom

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